Home » Past Questions » Accounts » Use the information below to answer this question..............Total......... De...

Use the information below to answer this question..............Total......... De...


Question

Use the information below to answer this question..............Total......... Dept.P.............Dept.Q

...............N...............N.................N

Sales.........10000............6000..............4000

Purchases......4000............1000..............3000

Discount received.1000..........?..................

Discounts allowed..2000...........................?.

Discount (allowed and received) are apportioned to the two departments on the basis of departmental sales and purchases.What is department Q's share of discount allowed?

Options

A)
₦2000
B)
₦1500
C)
₦800
D)
₦1200

The correct answer is C.


More Past Questions:


Discussion